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Portfolio (Quarterly) Guide ↗

Caption Management, LLC

· CIK 0001706766
13F Portfolio $14.6B AUM 1,512 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 578 New 387 Added 337 Reduced 673 Exited
Page 25 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
481 ADMA CALL ADMA BIOLOGICS INC Healthcare 312,500.0 $5.7M 0.04% +15K +5.0% $18.24 -56.6%
482 HUN CALL HUNTSMAN CORP Basic Materials 565,000.0 $5.7M 0.04% +285K +101.8% $10.00 +47.9%
483 IMMR PUT IMMERSION CORP Technology 828,300.0 $5.6M 0.04% +208K +33.6% $6.80 -4.0%
484 LLY ELI LILLY & CO Healthcare 5,240.0 $5.6M 0.04% NEW $1074.68 +0.9%
485 HSIC CALL HENRY SCHEIN INC Healthcare 74,500.0 $5.6M 0.04% NEW $75.58 +0.2%
486 CELH CELSIUS HLDGS INC Consumer Defensive 122,569.0 $5.6M 0.04% -61K -33.1% $45.74 -30.7%
487 LQDA LIQUIDIA CORPORATION Healthcare 162,538.0 $5.6M 0.04% +83K +103.6% $34.49 +82.2%
488 THC CALL TENET HEALTHCARE CORP Healthcare 28,000.0 $5.6M 0.04% NEW $198.72 -8.9%
489 PUT ASTRAZENECA PLC 60,000.0 $5.5M 0.04% NEW $91.93
490 CONFLUENT INC 182,115.0 $5.5M 0.04% +42K +30.1% $30.24
491 GOOG CALL ALPHABET INC Communication Services 17,500.0 $5.5M 0.04% $313.80 +23.3%
492 HMY CALL HARMONY GOLD MINING CO LTD Basic Materials 275,000.0 $5.5M 0.04% +235K +587.5% $19.90 -11.4%
493 BILL CALL BILL HOLDINGS INC Technology 100,000.0 $5.5M 0.04% NEW $54.54 -35.5%
494 VCYT CALL VERACYTE INC Healthcare 129,500.0 $5.5M 0.04% NEW $42.10 +5.1%
495 XPOF CALL XPONENTIAL FITNESS INC Consumer Cyclical 662,000.0 $5.4M 0.04% -4K -0.6% $8.23 -29.0%
496 EGO CALL ELDORADO GOLD CORP NEW Basic Materials 151,400.0 $5.4M 0.04% +40K +35.9% $35.92 -11.7%
497 XME SPDR SERIES TRUST 52,400.0 $5.4M 0.04% NEW $103.61 +18.9%
498 KGC CALL KINROSS GOLD CORP Basic Materials 191,600.0 $5.4M 0.04% $28.16 +2.6%
499 GLNG CALL GOLAR LNG LTD Energy 145,000.0 $5.4M 0.04% $37.21 +35.9%
500 PUT BEONE MEDICINES LTD 17,700.0 $5.4M 0.04% NEW $303.81
Page 25 of 76  ·  1,512 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.0%
Consumer Cyclical 18.3%
Healthcare 14.6%
Communication Services 11.8%
Financial Services 7.3%
Energy 4.3%
Industrials 3.7%
Basic Materials 2.6%
Consumer Defensive 2.2%
Utilities 1.2%